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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: D. K. G. who wrote (2758)	2/14/2001 8:29:36 AM
From: J Fieb	Respond to of 4808

Denis K., Old McDonald had a Data Farm, e-ay, e-ey O. VRTS says... Tuesday February 13, 8:59 pm Eastern Time Veritas CFO says first quarter off to strong start SAN FRANCISCO, Feb 13 (Reuters) - Veritas Software Corp. (NasdaqNM:VRTS - news), one of the few technology players that expects its sales to accelerate despite the weakening economy, on Tuesday said January's revenue numbers exceeded company forecasts. ``The quarter started off very strong,'' Veritas Chief Financial Officer Ken Lonchar told analysts at the Robertson Stephens Technology Conference in San Francisco. Veritas is seeing more and larger deals and no sales cycle expansion, said Lonchar, who added that the company was planning to release a mid-quarter update on March 5. Lonchar is among a select few CFOs who are giving such guidance of late. More often, the word from technology companies is that sales are taking longer to close and when they do, the dollar values attached are smaller than originally planned. Late last month, the Mountain View, Calif.-based maker of data management software reported fourth-quarter pro forma results that handily beat expectations. Executives from the fast-growing company said first-quarter revenue would be about 4 percent higher than the fourth quarter. For the year, the company expects sales to grow between 45 percent to 50 percent. Veritas shares finished $2-5/16 lower at $69-5/8 on Tuesday. HIT/HDS/VRTS- VERITAS Software, Hitachi, Ltd. and Hitachi Data Systems Announce Global Partnership to Deliver Highly Available Storage Solutions Companies Enhance Relationship to Further Increase the Quality and Reliability of Open Data Availability Solutions MOUNTAIN VIEW, Calif., SANTA CLARA, Calif., and TOKYO, Feb. 14 /PRNewswire/ -- VERITAS Software Corporation (Nasdaq: VRTS - news), The Data Availability Company, Hitachi, Ltd. (NYSE: HIT - news) and its wholly owned subsidiary, Hitachi Data Systems, today announced that the companies are expanding their relationship to further increase the quality and reliability of open-systems solutions for enterprise customers who require a heterogeneous, standards-based approach to maximizing data availability in the data-intensive environments traditionally serviced by Hitachi. The three companies have formed a Global Storage Management Agreement, which calls for the coordinated integration and testing of the companies' storage solutions, in order to architect highly interoperable data availability configurations that ensure increased flexibility for the end user. As part of this Global Storage Management Agreement, Hitachi will offer the latest versions of a wide range of VERITAS Software products and professional services to its customers around the globe. The companies will also unite in joint product integration and certification efforts. ``This new alliance further demonstrates Hitachi's strong commitment to partnering efforts that maintain our dedication to storage and open SAN solutions in a multiplatform environment,'' said Hiroaki Nakanishi, managing officer and group executive, Information and Telecommunication Systems Group, Hitachi, Ltd. ``VERITAS Software is the leading company in providing software solutions that work across multiple operating systems and hardware platforms. Together we will lead the charge in developing superior storage innovations for global enterprise customers worldwide.'' ``This is a tremendous partnership opportunity for VERITAS Software,'' said Gary Bloom, president and chief executive officer, VERITAS Software. ``Hitachi is a top-tier disk-array provider worldwide with a complementary strategy to VERITAS Software, which is leading the industry in providing nonproprietary, multivendor storage and SAN-management solutions. This alliance also increases our presence in the Japanese domestic market -- an area of planned expansion for VERITAS Software.'' ``Hitachi Data Systems has strong relationships with enterprise customers worldwide and understands very well their requirements for better ways to manage their rapidly growing volumes of business data,'' said Jun Naruse, chief executive officer, Hitachi Data Systems. ``Under the strengthened alliance between VERITAS Software, Hitachi and Hitachi Data Systems, we expect to play a leadership role in helping customers take advantage of the vast technological resources that these companies can bring to bear in developing solutions for a wide variety of storage management issues.'' ``The Global Storage Management Agreement represents a strong complementary fit between Hitachi, an open-systems hardware vendor, and VERITAS Software, an open-systems software vendor,'' said Paul Mason, vice president of Infrastructure Software Research, IDC. ``The agreement provides more choices for mutual Hitachi and VERITAS Software customers to enable them to obtain complete interoperabilit Maybe HDS can sell something?

To: D. K. G. who wrote (2758)	2/17/2001 10:08:11 AM
From: J Fieb	Respond to of 4808

Denis K G., They keep saying that software management of the SAN is what will sell it. CA say this.... Computer Associates Obtains Patent for Data Backup and Storage Management Technology Unique ARCserve Technology Delivers Efficient Data Backup and Storage Management Capability for the Enterprise ISLANDIA, N.Y., Feb. 16 /PRNewswire/ -- Computer Associates International, Inc. (CA) one of the world's foremost eBusiness software leaders, announced it has received a patent for the unique technical capabilities featured in ARCserve, the company's complete data protection solution for eBusiness enterprise data assets. ``We have come to rely on the quality of enterprise data protection that ARCserve provides,'' said Anthony Commarata, manager of network services for Myers Industries Inc., an international manufacturer of plastic and rubber products for industrial, agricultural, automotive, commercial and consumer products. ``The ARCserve solutions family has the broadest and most comprehensive set of functionality we have seen. The awarding of the patent for ARCserve confirms CA's commitment to deliver innovative practical solutions that address our business needs.'' The patented technology automatically tracks data backup processes while efficiently utilizing and managing storage media pools for a highly cost-effective management of storage media by easing administration. In addition, it ideally complements the cross-platform SAN functionality to give ARCserve the unique ability to share media between heterogeneous systems without compromising data integrity, adding a great degree of flexibility and manageability to storage media. ``The ARCserve family of solutions has a long history of providing outstanding data protection in a broad array of environments,'' said Kandi Pitrus, director, partner marketing of Corporate Software, a leader in software asset management headquartered in Norwood, MA. ``The awarding of the patent confirms that ARCserve is both innovative and comprehensive.'' ARCserve is the premier storage management solution for eBusiness and provides next-generation data protection, management and data availability for any organization type, size or business model. ARCserve provides scalability with advanced device and media management on LAN, WAN or SAN-based solutions. ARCserve SAN support includes a variety of end-to-end solutions, including discrete solutions for arbitrated loops, switched fabrics and SAN management. ``CA continues to be a leading technology innovator in the field of storage management,'' said Tarkan Maner, CA vice president of corporate marketing. ``Just as important, these innovations directly address the changing real-world requirements of our corporate customers, allowing them to effectively cope with the exponentially increasing volumes of data generated by their growing eBusiness activities.'' The centralized management feature of ARCserve reduces administrative costs and lowers overall cost of ownership, and its modular architecture enables scalable protection across multiple platforms and applications, from desktops to data centers. Additional application, platform and device support information can be found at ca.com. We probably don't talk about the data software players enough.

To: D. K. G. who wrote (2758)	3/5/2001 9:21:36 PM
From: D. K. G.	Read Replies (2) \| Respond to of 4808

Will Big Blue Make Brocade and EMC Sing the Blues? by Chris Connor Senior Technology Analyst, WallStreetCity.com wallstreetcity.com A Technology Revolt within the Storage Industry As mentioned in last week's article entitled SAN Sell-Off: Has the Alamo of the Technology Sector Finally Fallen?, there is a movement afoot in the storage area network (SAN) industry to build SANs with common IP and gigabit Ethernet products instead of specialized Fibre Channel. Building SANs with regular networking components instead of Fibre Channel makes a lot of sense for several reasons such as the fact that Fibre Channel SANs are more expensive and harder to build, the divergence of performance between Fibre Channel and Ethernet has narrowed considerably with the advent of Gigabit Ethernet, and Ethernet or IP SANs are more open-system oriented (less proprietary) than Fibre Channel. Now, the movement within the industry has finally reached the surface with IBM's {IBM} recent announcement that it was introducing new storage products targeting SANs built with TCP/IP, which is what that the Internet is built on (Ethernet is the dominant networking technology for local area networks or LANs). IBM's new storage products will be based on the iSCSI standard, which is what will allow companies to build SAN's with TCP/IP hardware instead of Fibre Channel switches, hubs, adapters etc. This product announcement is pivotal to the storage industry because it finally gets the ball rolling on finding alternatives to Fibre Channel. There has been talk about Fibre Channel being replaced in SANs for some time, but no major company has really stepped up to the plate and delivered a product until now. With this in mind, don't be surprised when more major companies come out with products targeting Ethernet-based SANs as well. What effect will this have on Brocade? Keep in mind that Fibre Channel is the primary reason that Brocade {BRCD} has become one of the four horsemen of storage along with EMC {EMC}, Veritas {VRTS}, and Network Appliance {NTAP}. Brocade appears to be too dependant on Fibre Channel to extend its dominance into the realm of Ethernet or IP. If Fibre Channel is replaced by IP and/or Ethernet, BRCD's competitive advantage could be destroyed leading to a potential erosion of not only future growth, but profitability. Given that the stock continues to sell at rather expensive valuation (P/S multiple of 20.81, which is far above the S&P 500's multiple of 4.85), the downside risk is very material. It's worth noting, however, that the demise of Fibre Channel and the collapse of Brocade business model are just the extreme possibilities of what could happen over the next year or two. The more probable scenario is for Fibre Channel and the two more common networking technologies to coexist for sometime until it gets to the point that Fibre Channel can not compete with Ethernet and IP anymore. What about EMC? Although EMC obviously does not have as much to lose as Brocade does because of its product diversity, EMC is definitely not embracing more open IP or Ethernet SANs, yet. The storage titan is the leader of the entire SAN industry and Fibre Channel has been a big part of this success largely because of Fibre Channel's proprietary nature and EMC's recent Fibre Channel spin-off, McData. Nevertheless, EMC does believe in the long term future of more open-system SANs, because the company's CTO Jim Rothnie recently stated that it will take two years before storage via TCP/IP will be a serious alternative to Fibre Channel. The bottom line is that EMC knows that the storage industry is moving to a more open standards and it wants to be a major part of that; however, IBM has clearly attempted to gain to first-mover advantage. Big Blue's announcement is particularly interesting given the history between the two companies. Is the announcement IBM's revenge for losing its storage hardware top spot to EMC many years ago? Only time will tell, so stay tuned as this story continues to unfold. Want to Find Other Winning Stocks? WallStreetCity's ProSearch gives you the power to sort through the several thousands of publicly traded stocks and find the ones with the characteristics that you most desire. With over 300 criteria available at your finger tips, ProSearch helps you find winning stocks. Just click here to use the powerful stock screening capabilities that ProSearch offers.